VICI Properties Inc. (VICI) fair value analysis
S&P 500 · Updated 2026-10-19
VICI price how computed
Valuation status
No P/E-based verdictVICI: P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
The price, fundamentals and dividend data below are unaffected.
- Last price
- $22.88
- Sector
- Real Estate
- 12-month range
- $22.53–$31.19
- Market cap
- $25.2B
- From 52-week high
- -26.6%
- Shares outstanding
- 1.1B
- Rank in Real Estate by quality score
- #17 of 45
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
VICI Properties Inc. is a real estate investment trust that owns and leases gaming, hospitality, and entertainment properties. The company operates properties located throughout the United States, including major casino resorts and entertainment venues in key markets.
VICI currently ranks #17 of 45 Real Estate stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $25.2B
- P/E (trailing)
- 8x
- Revenue (TTM)
- $4.1B
- Net margin
- 67.5%
- EPS (TTM)
- $2.72
- Gross margin
- 99.3%
- Debt / equity
- 0.61
- Revenue growth (3-yr avg)
- 5.7%
- Shares outstanding
- 1.1B
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Stable
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 49 · neutral
- 50-day average
- $24.65
- 200-day average
- $27.17
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Dividends how computed
- Paid, last 12 months
- $1.81 per share (4 payments)
- Yield on last price
- 7.91%
- Consecutive years of increases
- 7
- Last ex-dividend date
- 2026-09-17
- Last payment date
- 2026-10-08
Earnings how computed
- Next earnings report
- 2026-10-28 (post-market)
- Last 8 quarters vs consensus
- 4 beat, 3 missed
- Quarter by quarter
- 2026-06 ▬ met (0.0%)
2026-03 ▲ beat (+15.5%)
2025-12 ▼ miss (-18.6%)
2025-09 ▲ beat (+2.9%)
2025-06 ▲ beat (+18.6%)
2025-03 ▼ miss (-26.1%)
2024-12 ▼ miss (-0.2%)
2024-09 ▲ beat (+4.5%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 16 buy · 9 hold · 0 sell (25 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $31.6
- Target vs last price
- +38.1%
What our data shows for VICI
- Shares are trading in the lower third of their 12-month price range of $22.53–$31.19.
- The 14-day relative strength index sits at a neutral 49.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- VICI's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent VICI news
TickrTrends' derived news-sentiment signal for VICI is currently leaning positive, computed from recent coverage.
- VICI Maintains Rating by Wells Fargo -- Price Target Lowered to $24 (gurufocus.com, 2026-10-19)
- Investors Love VICI Properties’ Juicy 8% Dividend, but Is the Stock a Buy? (insidermonkey.com, 2026-10-17)
- VICI Properties: Why I'm Buying The Tumble (NYSE:VICI) (seekingalpha.com, 2026-10-16)
More VICI news
- VICI Properties Inc. (VICI) Surpasses Market Returns: Some Facts Worth Knowing (zacks.com, 2026-10-15)
- The Superior Alternative To VICI Properties (NYSE:VICI) (seekingalpha.com, 2026-10-12)
- Cheaper Than March 2020: Why We're Buying VICI Properties At An 8% Yield (NYSE:VICI) (seekingalpha.com, 2026-10-12)
- VICI Properties: I've Seen This Story Before, Why I'm Buying The 8% Yield (NYSE:VICI) (seekingalpha.com, 2026-10-07)
What people are saying
Follow the VICI conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — VICI's Relative Strength Index moved from oversold territory into neutral territory this week, indicating a shift in the stock's momentum. As a real estate investment trust, VICI does not receive a valuation verdict based on price-to-earnings ratios.
- 2026-10-06 — VICI, a company in the Real Estate sector, experienced a change in its valuation assessment this week. The valuation verdict shifted from Undervalued to no P-E-based verdict due to the company's REIT status, which means traditional price-to-earnings metrics do not apply to this type of investment structure.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — VICI's relative strength index has moved into oversold territory this week, shifting from a neutral zone in the previous period. The real estate company remains classified as undervalued based on current valuation metrics. This oversold reading suggests the stock may have experienced significant downward price movement recently.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is VICI stock undervalued?
TickrTrends publishes no fair-value verdict for VICI. P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
What is VICI's TickrTrends verdict?
VICI is a REIT, so it is marked 'No P/E-based verdict'. Its price, fundamentals and dividend data are still shown and refreshed with every run.
How does VICI compare to other Real Estate stocks?
VICI ranks #17 of 45 Real Estate stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is VICI overbought or oversold?
VICI's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does VICI pay a dividend?
Yes. VICI paid $1.81 per share over the last twelve months (4 payments), a 7.91% yield on TickrTrends' last price, and has raised the annual total for 7 consecutive years. The last ex-dividend date was 2026-09-17.
When does VICI report earnings next?
VICI's next earnings report is scheduled for 2026-10-28 (post-market), per the published earnings calendar.
Does VICI usually beat earnings estimates?
Over its last 8 reported quarters VICI beat the consensus estimate 4 times and missed 3 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about VICI?
Of 25 analysts covering VICI, 16 rate it a buy, 9 a hold and 0 a sell - buy-leaning, with a consensus price target of $31.6 (+38.1% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.